140 Cleveland Street, Providence, RI 02909

Property Description

Spacious 2-family offering flexible 2 3 bedroom layouts in Providence's Hartford neighborhood. Each unit provides about 1100 square feet of living space, not including the finished basement allowing for multiple configuration options for bedrooms, home offices, or extended family needs. Both units have a deck / Balcony area. Projected market rents show $4,300 $4,500 per month, Make this ideal for owner-occupants looking to offset their mortgage. Investors seeking long-term rental income with great space, cap rate falls in the 6 6.5% range. Additional highlights include separate utilities, gas heat, 5 off-street parking spaces, integral garage for easy in and out. Newer roof, and convenient access to highways, restaurants, and amenities & shopping. Whether you're looking to live in one unit and rent the other or add to your portfolio, this property offers space, versatility, and long-term potential and Solid Value. Owner-occupants may qualify for Providence's Homestead Exemption, potentially reducing property taxes by 40%, live for less.